UK Seizes Penthouse And Porsche In Wealth Order Case
Law360, London (January 8, 2021, 12:01 PM GMT) -- Britain's top prosecutor has forced a convicted murderer to surrender his penthouse apartment and Porsche with a combined value of over £800,000 ($1.1 million) by obtaining an unexplained wealth order.
The National Crime Agency said it has used an unexplained wealth order, which allows authorities to seize assets it believes were bought with the proceeds of crime, to recover property worth £800,000 from Mohammed Nisar "Meggy" Khan.
The order to recover the luxury apartment in a development in Huddersfield, West Yorkshire, was made by Justice Stewart at the High Court last week, the NCA said on Thursday.
"The use of civil powers...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!